Lloyds Metals and Energy logo

Lloyds Metals and Energy share price

NSE: LLOYDSMEBSE: 512455Minerals & MiningMid Cap

Lloyds Metals and Energy Limited · Face value ₹1 · Listed Feb 1987 on BSE, Jul 2023 on NSE
Last close ₹1,773.60down ₹13.60 (0.76%)BSE ₹1,772.65

Share price at the NSE close on 27 Oct 2026. Previous close ₹1,787.20.

27 Oct: open ₹1,792.90, high ₹1,829.60, low ₹1,769.10

52-week range of traded prices to 27 Oct 2026
₹1,042.90Low, 2 Feb 2026₹2,125.00High, 10 Aug 2026
Market cap
₹99,862 Cr135th largest listed
P/E
20.95
P/B
7.20
Dividend yield
0.06%
ROE
47.0%
ROCE
21.0%
Debt to equity
1.43
Volume, NSE
1,95,55641.4% delivered

Lloyds Metals and Energy share price chart

Daily closes since Jul 2016, BSE closes Jan 2007 to Jul 2023, adjusted for splits and bonuses. Earlier closes are left out: on 26 Jul 2016 the price changed in a way no corporate action on record explains.

+33.6%over a year · Nifty Metal +12.8% · Nifty 500 −8.8%

Results20-session average 4,48,739 shares a day, 51.3% delivered

About Lloyds Metals and Energy

Lloyds Metals and Energy Limited mines iron ore at Surjagarh in Gadchiroli district, Maharashtra, and turns part of it into iron ore pellets and sponge iron (direct reduced iron, a steelmaking raw material).12 Its customers are iron and steel makers and power distribution companies.3 It also develops and runs mines for other owners, and it holds stakes in copper and cobalt mines in the Democratic Republic of Congo.24

The company reports its own results in 2 segments, mining and value-added products.5 Its plants are at Ghugus in Chandrapur district and at Konsari in Gadchiroli district, with an iron ore grinding unit at Hedri.6 Thriveni Earthmovers and Infra, its subsidiary, develops and operates mines in India, Indonesia and the Democratic Republic of Congo.7 In its annual report for the year to Mar 2026, the company said a subsidiary was engaging with Bougainville Copper over a potential mining agreement for the Panguna mine in Papua New Guinea.8

It was incorporated in 1977.9 It was the first company to mine iron ore in Gadchiroli district and remains the only one mining there, the company says.10

Its promoters include its chairman, Mukesh Gupta, and its managing directors, Rajesh Gupta and Balasubramanian Prabhakaran.11 Promoters held 61.6% of the shares at the end of June 2026.12

Lloyds Metals and Energy key points

Results

  • Consolidated revenue from operations (including subsidiaries) was ₹73,544 million in the quarter to Jun 2026 and ₹1,71,127 million in the year to Mar 2026, against ₹23,835 million and ₹67,211 million a year earlier.13
  • Consolidated EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹27,815 million and ₹61,402 million in the same periods, against ₹8,057 million and ₹19,558 million. The year-earlier figures predate Thriveni Earthmovers and Infra becoming a subsidiary on 1 Jul 2025.1415
  • Consolidated adjusted profit after tax was ₹38,286 million in the year to Mar 2026. Standalone profit after tax (excluding subsidiaries) was ₹1,527 crore in the quarter to Jun 2026, up 141%, a quarterly record, the company says.161718
  • On its earnings call of 11 Aug 2026, the company said consolidated net debt (borrowings less cash) was around ₹19,000 crore, much of it from the Chemaf acquisition.19

Main businesses

  • Iron ore mining. Production was 6.05 million tonnes in the quarter to Jun 2026, up 53%, and sales 5.46 million tonnes, up 58%, at an average price realised of ₹6,068 a tonne.20
  • Pellets and sponge iron. Pellet production was 1.69 million tonnes in the quarter to Jun 2026, and sponge iron sales 1,83,920 tonnes, up 133%.2122
  • Mine development and operation. Thriveni Earthmovers and Infra had revenue from operations of ₹2,672 crore in the quarter to Jun 2026, up 63%, and EBITDA of ₹658 crore, up 145%.23
  • Tata Steel partnership. Under a memorandum of understanding, Tata Steel acquired 50.01% of Thriveni Pellets, with a long-term pellet conversion and offtake arrangement for the Brahmani River pellet plant in Odisha; the company holds 49.99%.24

Revenue mix

  • Value-added products made up 41% of standalone revenue and 40% of standalone EBIT (earnings before interest and tax) in the quarter to Jun 2026, against 13% and 2% a year earlier.2526

Plants and capacity

  • The Surjagarh mine is cleared for about 55 million tonnes a year, including BHQ, low-grade ore needing upgrading; it produced 21.96 million tonnes in the year to Mar 2026, up 120%.27
  • Surjagarh holds 157 million tonnes of direct-shipping-grade reserves (ore usable without upgrading), with a lease to 2057.28
  • Konsari has 2 pellet plants of 8 million tonnes a year combined, the second commissioned in May 2026; Lloyds Metals' sponge iron capacity reached 700 kt (kilotonnes) in the year to Mar 2026.293031

Copper and cobalt

  • The company owns 50% of Surya Mines in the Democratic Republic of Congo, whose 12,000 tonne a year copper plant has produced since March 2026.32
  • In its exchange filing of 30 Mar 2026, the company said a joint venture 49% held by its subsidiary had completed buying 100% of the Chemaf Group for up to $30 million.3334
  • The copper business produced 2,754 tonnes in the quarter to Jun 2026, with EBITDA of minus $2.63 million, with Chemaf's oxide plant shut for upgrading.35
  • On its earnings call of 11 Aug 2026, the company said the Chemaf joint venture needs more than $300 million of capital spending over 9 months, for operations from the quarter to Jun 2027; financing talks were under way.36

Expansion and capital spending

  • On its earnings call of 11 Aug 2026, the company said it expected to commission its first steel plant very shortly; its annual report describes a 1.2 million tonne a year plant at Ghugus for wire rods, TMT bars (ribbed concrete bars) and round bars.3738
  • On its earnings call of 11 Aug 2026, the company said it hopes to commission the BHQ beneficiation plant by Mar 2028; its annual report gives a planned 45 million tonnes, with primary engineering done for the first 30 million.3940
  • On its earnings call of 11 Aug 2026, the company said it expected about ₹8,500 crore of capital spending in the year to Mar 2027, excluding the Konsari integrated steel plant and foreign operations.41

What the company expects

  • In its presentation of 10 Aug 2026, the company said it expects to produce 26 million tonnes of iron ore, 7.75 to 8 million tonnes of pellets and 825 kt of sponge iron in the year to Mar 2027.4243
  • On its earnings call of 11 Aug 2026, the company kept its full-year guidance of a 28% to 30% EBITDA margin for Thriveni Earthmovers and Infra; the margin was 24.63% in the quarter to Jun 2026, hit by fuel costs it seeks to pass on.44

Recent events

  • On 28 Sep 2026, the company was allotted 3,50,00,000 more shares of Thriveni Earthmovers and Infra for ₹6,06,76,00,000, raising its holding to 71.89%.45
  • On 8 Sep 2026, the Competition Commission of India fined the company ₹15,00,000 for breaching standstill obligations (not completing a combination before approval) in its combination with Thriveni Earthmovers and Infra.46

Last updated

All 46 sources, each with its page
  1. 1. Annual report, 25 May 2026, page 70
  2. 2. Annual report, 25 May 2026, page 66
  3. 3. Annual report, 25 May 2026, page 136
  4. 4. Annual report, 25 May 2026, page 67
  5. 5. Annual report, 25 May 2026, page 70
  6. 6. Annual report, 25 May 2026, page 321
  7. 7. Annual report, 25 May 2026, page 16
  8. 8. Annual report, 25 May 2026, page 72
  9. 9. Annual report, 25 May 2026, page 136
  10. 10. Annual report, 25 May 2026, page 10
  11. 11. Annual report, 25 May 2026, page 278
  12. 12. Investor presentation, 10 Aug 2026, page 50
  13. 13. Investor presentation, 10 Aug 2026, page 19
  14. 14. Investor presentation, 10 Aug 2026, page 19
  15. 15. Annual report, 25 May 2026, page 73
  16. 16. Investor presentation, 10 Aug 2026, page 49
  17. 17. Earnings call, 11 Aug 2026, page 4
  18. 18. Investor presentation, 10 Aug 2026, page 7
  19. 19. Earnings call, 11 Aug 2026, page 5
  20. 20. Earnings call, 11 Aug 2026, page 5
  21. 21. Investor presentation, 10 Aug 2026, page 9
  22. 22. Earnings call, 11 Aug 2026, page 5
  23. 23. Earnings call, 11 Aug 2026, page 5
  24. 24. Annual report, 25 May 2026, page 72
  25. 25. Earnings call, 11 Aug 2026, page 4
  26. 26. Earnings call, 11 Aug 2026, page 5
  27. 27. Annual report, 25 May 2026, page 14
  28. 28. Annual report, 25 May 2026, page 66
  29. 29. Exchange filing, 4 May 2026, page 2
  30. 30. Annual report, 25 May 2026, page 72
  31. 31. Annual report, 25 May 2026, page 15
  32. 32. Annual report, 25 May 2026, page 18
  33. 33. Exchange filing, 30 Mar 2026, page 1
  34. 34. Exchange filing, 30 Mar 2026, page 4
  35. 35. Investor presentation, 10 Aug 2026, page 17
  36. 36. Earnings call, 11 Aug 2026, page 7
  37. 37. Earnings call, 11 Aug 2026, page 4
  38. 38. Annual report, 25 May 2026, page 39
  39. 39. Earnings call, 11 Aug 2026, page 10
  40. 40. Annual report, 25 May 2026, page 72
  41. 41. Earnings call, 11 Aug 2026, page 10
  42. 42. Investor presentation, 10 Aug 2026, page 13
  43. 43. Annual report, 25 May 2026, page 67
  44. 44. Earnings call, 11 Aug 2026, page 5
  45. 45. Exchange filing, 28 Sep 2026, page 1
  46. 46. Exchange filing, 11 Sep 2026, page 2

Results

Standalone, as consolidated accounts are on record for only 6 of the last ten years; ₹ crore.Lloyds Metals and Energy quarterly results

Revenue growth, 12 months
+233.8%
Net profit growth, 12 months
+210.7%

Quarter to Jun 2026, against the quarter before

Revenue
₹5,413 Crup 10.18%
Net profit
₹1,527 Crup 43.29%
Net margin
28.2%

Revenue by quarter

₹1,364 CrSep 24₹1,675 CrDec 24₹1,193 CrMar 25₹2,380 CrJun 25₹2,548 CrSep 25₹3,840 CrDec 25₹4,913 CrMar 26₹5,413 CrJun 26

Net profit by quarter, a loss in red

₹301 CrSep 24₹390 CrDec 24₹202 CrMar 25₹635 CrJun 25₹606 CrSep 25₹889 CrDec 25₹1,066 CrMar 26₹1,527 CrJun 26

The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company's revenue for the year to Mar 2025, ₹6,721 Cr, differs from its quarters added, ₹6,650 Cr.

₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,3641,6751,1932,3802,5483,8404,9135,413
Net profit3013902026356068891,0661,527
Net margin22.1%23.3%17.0%26.7%23.8%23.1%21.7%28.2%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Mining₹10,302 Crup 84.08%48.3%
  • MDO Operation and related Services₹6,572 Cr30.8%
  • Steel and related value added products₹4,444 Cr20.8%
  • Other₹3 Cr0.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2025: days before it are of the company before the change.Lloyds Metals and Energy PE ratio and valuation

Price to earnings

At or below today's level on 35% of 2,042 trading days since Apr 2017.

LowestHighest
Its median27.63Industry median14.57
Price to book

At or below today's level on 38% of 1,766 trading days since Nov 2018.

LowestHighest
Its median8.97Industry median1.78
Dividend yield

At or below today's level on 82% of 2,466 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median1.81%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−1.1%+104.7%−51.7%0.1%
3 years+64.8%––0.1%
5 years+158.6%+546.2%−60.0%0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Lloyds Metals and Energy shareholding pattern

Shareholding by group

  • Promoters61.61%
  • Foreign institutions1.93%
  • Indian institutions2.14%
  • Individuals and others34.26%
  • Employee trusts0.05%
Holder
THRIVENI EARTHMOVERS PRIVATE LIMITEDPromoter17.76%
SKY UNITED LLPPromoter13.05%
CROSSLINK FOOD AND FARMS PRIVATE LIMITEDPromoter11.64%
SUNFLAG IRON AND STEEL COMPANY LIMITEDCompanies10.66%
LLOYDS METALS & MINERALS TRADING LLPPromoter6.35%
CLOVER MEDIA PRIVATE LIMITEDCompanies4.29%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Promoters have pledged 14.43% of their shares. Since Jun 2026: promoters −0.02 pts, foreign institutions +0.08 pts, Indian institutions −0.05 pts, mutual funds −0.10 pts.

The filing reports 3,36,95,000 of its 56,30,48,920 shares locked in.

Mutual fund holdings

98 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 68 of the 73 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 98 funds holding Lloyds Metals and Energy

Bought for the first time
3
Added
61
Cut
12
Held unchanged
21
Sold out
1
Fund
quant Mutual Fund logoquant Mid Cap Fundquant Mutual Fund36,71,0009.04%₹691.6 Cr
quant Mutual Fund logoquant Large & Mid Cap Fundquant Mutual Fund17,49,6599.74%₹329.6 Cr
quant Mutual Fund logoquant Small Cap Fundquant Mutual Fund7,82,7400.41%₹147.5 Cr
quant Mutual Fund logoquant ELSS Tax Saver Fundquant Mutual Fund6,55,8150.94%₹123.6 Cr
quant Mutual Fund logoquant Multi Cap Fundquant Mutual Fund5,26,7691.32%₹99.2 Cr
quant Mutual Fund logoquant Infrastructure Fundquant Mutual Fund4,72,0252.89%₹88.9 Cr
quant Mutual Fund logoquant Manufacturing Fundquant Mutual Fund3,05,5928.08%₹57.6 Cr
quant Mutual Fund logoquant Flexi Cap Fundquant Mutual Fund2,54,7610.66%₹48.0 Cr
quant Mutual Fund logoquant Business Cycle Fundquant Mutual Fund2,29,7204.65%₹43.3 Cr
Bank of India Mutual Fund logoBank of India Flexi Cap FundBank of India Mutual Fund2,07,7451.26%₹39.1 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Lloyds Metals and Energy insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 41 pledge filings of unclear kind
  • Others: no market trade · 28 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Lloyds Metals and Energy competitors and peers

Industrial Minerals, 15 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Lloyds Metals and Energy in market cap.Metal stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
NMDC logoNMDCNMDC60,6648.131.78––21.9%22.0%5.07%
Gujarat Mineral Development Corporation logoGujarat Mineral Development CorporationGMDCLTD13,98114.621.98+2.2%+43.7%14.2%4.6%2.16%
Gravita India logoGravita IndiaGRAVITA9,89324.863.74+23.9%+9.8%16.2%12.1%0.00%
MOIL logoMOILMOIL4,42214.571.63+5.8%+8.1%11.4%10.9%2.45%
Ashapura Minechem logoAshapura MinechemASHAPURMIN4,057–2.46+62.6%––13.5%0.47%
The Orissa Minerals Development Company logoThe Orissa Minerals Development CompanyORISSAMINE1,985595.89–+47.4%––18.7%0.00%
Petro Carbon and Chemicals logoPetro Carbon and ChemicalsPCCL99338.755.08+94.8%+170.8%14.0%–0.00%
20 Microns logo20 Microns20MICRONS6669.831.38+2.4%+10.4%14.8%16.3%0.66%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Lloyds Metals and Energy dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 231Mar 241Mar 251Mar 26
Highest ₹1.00 a share, years to Mar 2024, Mar 2025 and Mar 2026.
Ex-dateTypePer share
12 Jun 2026Final₹1.00
26 May 2025Final₹1.00
13 Aug 2024Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Lloyds Metals and Energy announcements

Lloyds Metals and Energy share price by year

Each calendar year to 2025.Lloyds Metals and Energy share price history

YearClose at year endChangeHighest closeLowest close
20251,321.30+7.3%1,588.90970.60
20241,231.85+105.4%1,231.85531.95
2023BSE close599.80+144.5%667.30243.15
2022BSE close245.30+144.3%245.40105.40
2021BSE close100.40+897.0%100.4010.92
2020BSE close10.07+33.0%12.384.39
2019BSE close7.57−46.9%14.257.07
2018BSE close14.25−18.8%21.9512.30
2017BSE close17.55+64.5%22.3010.76
2016BSE close10.67–19.8410.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 26 Jul 2016.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 20261,775.001,794.301,752.201,787.201,773.281,82,04540.8%
23 Oct 20261,800.501,801.101,741.801,781.501,763.135,67,14640.1%
22 Oct 20261,795.001,812.901,769.301,806.001,796.295,42,61941.3%
21 Oct 20261,822.801,822.801,780.001,798.001,798.988,39,50665.3%
19 Oct 20261,851.701,869.001,801.001,804.101,826.303,04,03448.4%
16 Oct 20261,823.001,875.001,803.201,851.701,849.677,19,85845.5%
15 Oct 20261,838.101,843.201,800.001,814.001,810.122,59,13464.1%
14 Oct 20261,815.001,848.001,804.101,843.801,831.972,73,75760.2%
13 Oct 20261,815.001,822.201,801.201,812.201,810.271,81,79554.0%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Open offer history

Ex-dateEventPrice factorWhat happened
26 Jul 2016Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
19 Oct 2007Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Chairperson
Mukesh R Gupta
At the end of the quarter to Sep 2026
Managing director
Rajesh R Gupta
At the end of the quarter to Sep 2026
Managing director
Balasubramanian Prabhakaran
At the end of the quarter to Sep 2026
NSE symbol
LLOYDSME
BSE code
512455
ISIN
INE281B01032
Industry
Minerals & Mining
CIN
L40300MH1977PLC019594
Corporate identity number, the registrar of companies' code for it
Incorporated
1977
Registered office
Plot No A 1-2, MIDC Area, Ghugus, Chandrapur 442505, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments